The youngster is enjoying a breakthough season at Molineux and struck in Saturday's win against West Ham.
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Indeed, the 18-year-old became Wolves' youngest Premier League goalscorer in their 3-0 win.
Snapped up from Rochdale's innovative academy a year ago, Mane now boasts nine Premier League appearances for one goal and one assist.
His contract at Molineux runs to 2029, with Newcastle posting scouts to watch him regularly in recent months, says the Daily Mail.